Ask the Dolans: How do I switch an IRA from one broker to another?

Ken and Daria Dolan, America's First Family of Personal Finance, answer your money questions every Friday.

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An IRA account is a crucial tool to your retirement planning ... and one that comes with a lot of rules. Even if you have a good grasp on how to proceed with your contributions and withdrawals, some confusing special situations can arise. One such situation is moving your IRA to a new broker. How is it done? What are the risks and fees associated with it? Don't worry! We have all the answers you need.

Dear Ken and Daria,

Can I switch an IRA account from one broker to another without cashing it out?

-Dot



Is your retirement planning on track? Learn how to start saving for your future and get answers to all of your questions about IRA rules, rollovers and more at Dolans.com.